Quant Developer - Equity Derivatives

Millennium Management LLC; Hong Kong; On-site; HKD 900,000 - 1,800,000; Full time

Job summary

Millennium Management LLC is seeking a senior Quant Developer for Equity Derivatives to join its IT team. You will build and maintain real-time pricing, risk and P&L platforms used by portfolio managers and traders.

Collaborating with global technology and quantitative teams, you will help deliver the equity derivatives technology roadmap, ensure low latency performance, and support production trading and risk systems in a fast-paced front-office environment.

Qualifications

• Seven or more years of experience in equity derivatives technology, quantitative development, or front-office trading systems within financial markets.
• Strong practical knowledge of equity derivatives, including vanilla options and volatility products.
• Experience building and supporting real-time front-office position, risk, and P&L applications, including P&L explain, attribution, reconciliation, and intraday reporting.
• Understanding of the end-to-end risk lifecycle, from trade capture and market data updates through pricing, position aggregation, and risk calculation.
• Strong Java engineering skills, including high-performance and concurrent application design, latency and throughput optimization, JVM tuning, profiling, and memory management.
• Experience with event-driven, distributed messaging architectures, preferably Solace and Kafka.
• Proven ability to partner with Portfolio Managers, traders, quantitative developers, and global Technology teams to deliver robust solutions.
• Strong communication skills, with the ability to translate business requirements into clear technical designs and provide production support for business-critical trading or risk platforms in a fast-paced front-office environment.

Responsibilities

• Partner with Portfolio Managers and traders to deliver pricing, risk, and P&L technology solutions for Equity Derivatives.
• Develop and support real-time applications for position management, pricing, risk, and P&L.
• Collaborate with global Technology and Quant teams to deliver the Equity Derivatives technology roadmap.

Skills

Java

Real-time systems

Front-office trading

Risk management

Distributed messaging

Kafka

Solace

P&L

Job description

Quant Developer - Equity Derivatives

About Millennium

Millennium is a global, diversified alternative investment firm, founded in 1989. Defined by evolution, innovation and focus, Millennium’s mission is to deliver results for our investors. Our people are empowered with both independence and support: the autonomy to pursue ideas with conviction and the backing of a global network committed to collaboration, disciplined risk management and continuous learning. With opportunities to deepen expertise and accelerate development, talent at Millennium is equipped to adapt, evolve and build lasting impact over time. Discover how transformative growth accelerates impact.

Meet the Team

Millennium’s Information Technology organization is core to the health and growth of the firm. Supporting an active, multi-manager business model, the team develops and maintains flexible, scalable technology and advanced proprietary systems, including next-generation analytical and trading capabilities. The Equity Derivatives technology team partners with Asia-based and global investment teams to support technology solutions for equity derivatives and structured products.

What You’ll Do

• Partner with Portfolio Managers and traders to deliver pricing, risk, and P&L technology solutions for Equity Derivatives.
• Develop and support real-time applications for position management, pricing, risk, and P&L.
• Collaborate with global Technology and Quant teams to deliver the Equity Derivatives technology roadmap.

What You Bring

• Seven or more years of experience in equity derivatives technology, quantitative development, or front-office trading systems within financial markets.
• Strong practical knowledge of equity derivatives, including vanilla options and volatility products.
• Experience building and supporting real-time front-office position, risk, and P&L applications, including P&L explain, attribution, reconciliation, and intraday reporting.
• Understanding of the end-to-end risk lifecycle, from trade capture and market data updates through pricing, position aggregation, and risk calculation.
• Strong Java engineering skills, including high-performance and concurrent application design, latency and throughput optimization, JVM tuning, profiling, and memory management.
• Experience with event-driven, distributed messaging architectures, preferably Solace and Kafka.
• Proven ability to partner with Portfolio Managers, traders, quantitative developers, and global Technology teams to deliver robust solutions.
• Strong communication skills, with the ability to translate business requirements into clear technical designs and provide production support for business-critical trading or risk platforms in a fast-paced front-office environment.